1 point In computing diluted earnings per share, call option and warrant are considered dilutive when their option price is less than the market price. False True A gain on the sale of plant assets in the ordinary course of business should 1 point be presented in a statement of cash flows as addition to income from continuing operations. True O o False The advantage of relating a company's bad debt experience to its accounts 1 point receivable is that this approach is the only generally accepted method for valuing accounts receivable. False True Footnotes to a company's financial statements are used to reflect financial I point